Quote from: sockpuppet1 on May 12, 2016, 02:22:51 PM

Bitcoin is largest of the scams. It is pulling $1 million a day out of pockets and handing it to some corruption in China.

Dude c`mon, you cant just talk about bitcoin like that. Even if what you say is true, the benefits massively outweigh the drawdowns.

How many millions of people will be helped by remittances? They can just buy bitcoin at 1 atm, send the money home, and their family cash it out.

They pay like maximum 5% fee, and dont have to worry about paperworks and capital control.

I was just at a WU checkpoint and saw yesterday a grandma receiving money from her daughter that sent her as she was living outside.

Now imagine the money how much money goes to corporate bureocrats and useless midddleman in that transaction. Bitcoin by all means is much

better because it lets the money stay in the hands of the people.